Search results for postpaid transit card
Finance
Seoul climate commute card 30-day pass ends, financial firms\' race for transit users shifts
Seoul\'s 30-day Climate Companion Card pass will effectively end at the end of this month, shifting competition among financial firms to win public transport users. The city will end operations of the 30-day pass on Oct. 1, while short-term passes continue. Seoul has launched the Climate Companion Pass by adding Seoul-specific benefits to the Everyone\'s Card (K-Pass). Card issuers are focusing on their own perks as policy refunds are the same across participants.
Finance
Tmoney, Samsung Electronics launch Samsung Wallet Tmoney K-Pass
Samsung Wallet users can now register a Tmoney transit card with K-Pass to receive public transport fare refunds without obtaining a separate K-Pass affiliated card. Tmoney and Samsung Electronics launched the service in Samsung Wallet on Monday. Tmoney also added an app-based host card emulation postpaid transit card feature, expanding use to eSIM and budget carrier users. An event runs through Sept. 30, offering points and coffee to first-time users.
Finance
Banks to ease conditions for discounted loan rates, recognise debit card spending the same
South Korea\'s Financial Supervisory Service said on Tuesday it will work with banks to improve how card spending is calculated for loan rate discounts and to narrow excluded items. Banks will provide clearer guidance in loan contracts and on digital channels, and notify long-term borrowers at least once a year. Exclusions will be cut to about 0 to 1 item per bank. Debit and credit card spending will be treated the same, and instalment payments will be counted monthly over the instalment period.